In October 2021, the INAI hosted the most important event on privacy and data protection in the world: the Global Privacy Assembly (GPA), which in its 43rd session included experts from various nations, who concluded that information technologies Information and communication (ICTs) are a transcendental factor for the life and future of humanity, crucial in the processing of personal data.
Within the new technologies, the blockchain and artificial intelligence (AI) stood out in particular , as well as a scheme to follow for public and private entities; the so-called “compliance” that monopolized the debate and discussion tables.
Blockchain technology is a system that allows a community to share, collect or distribute digital information or transaction data from multiple sources, without these being able to be copied or altered, except with the permission of each of the members or participants. . The data or information is divided into shared blocks that are chained with unique identifiers, which gives it integrity as it is a single source of truth, thus eliminating duplication and increasing security, preventing fraud and manipulation of the data since it is impossible to alter them without the permission of the group.
Initially designed to guarantee digital currency or cryptocurrencies such as “bitcoin”, technological developers are finding other potential uses, since by allowing any digital information to be distributed, but without being copied, it makes it possible to carry out thousands of operations safely, with which, the personal data required to carry them out will be protected in the same way.
Needless to say about the AI; we are waiting for the great discoveries that will change our world; movies and series present a futuristic scenario in which intelligent robots surpass us and have practically taken over our planet. Although a machine with autonomous consciousness, totally self-sufficient from any human interference, has not yet been developed, AI, understood as systems or machines that imitate human intelligence to perform tasks and that can improve them based on the information they collect. , is a reality.
The engines of our smartphones, computers or televisions show us specific recommendations based on our searches and consumption habits: applications that simulate conversations and provide automatic responses ” chatbots ” use AI to understand user problems and provide more effective responses; intelligent assistants use it to analyze large amounts of information and improve programming. In essence, AI works off of the personal data it collects.
Regarding the ” compliance“we must understand it as the set of procedures and good practices adopted by organizations in order to identify, alert and report operational and legal risks that they face, such as sanctions, financial losses and risks due to loss of reputation, as a result of non-compliance of laws, regulations and codes of conduct, as well as to provide advice and establish internal mechanisms for prevention, management, control and reaction against them. This regulatory compliance has in the right to the protection of personal data one of its most sensitive areas; The applicable laws and regulations on the matter establish a series of obligations and duties for those responsible for the treatment, which if not observed could lead to serious consequences, including large fines.
Blockchain technology , artificial intelligence and compliance converge in terms of personal data; They find in these an essential element for their functioning and operation, without which it is simply impossible for them to function.
Source: The Financial
For more information contact:
Juan José López de Silanes | Partner Basham, Ringe and Correa | firstname.lastname@example.org